Earnings Preview For NMI Holdings

NMI Holdings (NASDAQ:NMIH) is preparing to release its quarterly earnings on Wednesday, 2024-11-06. Here's a brief overview of what investors should keep in mind before the announcement.

Analysts expect NMI Holdings to report an earnings per share (EPS) of $1.14.

Investors in NMI Holdings are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.

It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.

Earnings Track Record

During the last quarter, the company reported an EPS beat by $0.15, leading to a 0.38% increase in the share price on the subsequent day.

Here's a look at NMI Holdings's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

1.05

0.99

0.96

0.91

EPS Actual

1.20

1.08

1.01

1

Price Change %

0.0%

3.0%

-2.0%

1.0%

Performance of NMI Holdings Shares

Shares of NMI Holdings were trading at $36.96 as of November 04. Over the last 52-week period, shares are up 33.58%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Analysts' Perspectives on NMI Holdings

For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding NMI Holdings.

Analysts have provided NMI Holdings with 3 ratings, resulting ...